Information on Lot Next Door Program – Orleans Parish

The New Orleans City Council’s Lot Next Door program will allow residents to purchase a NORA-owned property immediately “next door” to their own. NORA will send notification letters by registered mail on a rolling basis to eligible homeowners. These letters will include specific instructions for participating in the Lot Next Door program. Letter recipients are determined based on the status of their city tax and homestead exemption records and whether they are adjacent to NORA-owned or potentially owned property. NORA owns a small number of properties and has limited sources of property. NORA expects to receive property sold to the State as part of Road Home program and can file expropriation lawsuits to acquire property officially designated blighted. For more information on which properties can participate, go to the following links.

To be eligible, Lot Next Door participants must:
1. Have a homestead exemption on your property;
2. Live directly to the right or left of the property NORA owns or will come to own;
3. Currently comply with City building codes and health and safety ordinances on all properties you own in Orleans Parish;
4. Be current on taxes on all property you own in Orleans Parish;
5. Be prepared to pay NORA the appraised, fair market lot value plus legal fees and costs; and
6. Plan to hold ownership of the subject property for at least five years or pay a penalty

Additional information can be found at:

http://www.noraworks.org/Lotnext.htm

Leave a Reply

You must be logged in to post a comment.

New Orleans Weather

Meta

Register

Log in

Entries (RSS)

Comments (RSS)